South Korea - Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, South Korea Higher Education Expenditure on R&D Financed by the Business Sector was up 4.6points year on year. With 14.06 Percent in 2019, the country was number 3 among other countries in Higher Education Expenditure on R&D Financed by the Business Sector. South Korea is overtaken by China, which was number 2 with 26.37 Percent and is followed by Germany with 13.52 Percent. Russia topped the ranking with 28.95 Percent in 2019, -0.4points compared to 2018. Italy recorded the best 5 years average growth at +36.8points per year, while Iceland recorded the worst performance at -62points per year.
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| Date | Percent |
|---|---|
| 2019 | 14.06 |
| 2018 | 14.25 |
| 2017 | 13.71 |
| 2016 | 12.59 |
| 2015 | 12.35 |
Download all data from 1995 to 2019
How does South Korea rank in Higher Education Expenditure on R&D Financed by the Business Sector?
| # | 44 Countries | Percent | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
Russia
|
28.95 % | 2019 | -0.4 % | +1.2 % | View data |
| 2 |
#2
China
|
26.37 % | 2019 | -0.7 % | -4.8 % | View data |
| 3 |
#3
South Korea
|
14.06 % | 2019 | -1.3 % | +4.6 % | View data |
| 4 |
#4
Germany
|
13.52 % | 2019 | +0.1 % | -0.9 % | View data |
| 5 |
#5
Belgium
|
12.00 % | 2019 | +0.3 % | +0.6 % | View data |